xrapidx Honorary Master Joined Feb 16, 2007 Messages 42,219 Reaction score 4,062 Location Cape Town Feb 9, 2012 #1 does anyone have a decent explanation between the two, and which is better? Getting quotes on my and my SO - I see mine is accelerated, and hers is non-accelerated for the same amounts?
does anyone have a decent explanation between the two, and which is better? Getting quotes on my and my SO - I see mine is accelerated, and hers is non-accelerated for the same amounts?
W Wyzak Expert Member Joined Mar 12, 2007 Messages 4,034 Reaction score 2 Feb 9, 2012 #2 Accelerated means that you can get a portion of your death benefit earlier if you for example have a terminal disease or some other life threatening condition. However once you've used a portion your death benefit will pay out less.
Accelerated means that you can get a portion of your death benefit earlier if you for example have a terminal disease or some other life threatening condition. However once you've used a portion your death benefit will pay out less.